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The latest announcement is out from Western Gold Resources Ltd. ( (AU:WGR) ).
Western Gold Resources Limited has announced promising results from its grade control and infill drilling at the Gold Duke Project, confirming the continuity and high-grade nature of the mineralization. These results support the company’s decision to proceed with mining, backed by a fully funded development plan and low pre-mining capital requirements, positioning the company to benefit from record Australian gold prices.
More about Western Gold Resources Ltd.
Western Gold Resources Limited is a mining company focused on gold exploration and production. The company operates primarily in the Goldfields region of Western Australia, with its key project being the Gold Duke Project, which includes the Eagle South and Gold King deposits.
Average Trading Volume: 1,064,422
Technical Sentiment Signal: Buy
Current Market Cap: A$42.87M
Learn more about WGR stock on TipRanks’ Stock Analysis page.